Starboard Value Reports In 13D Filing A 9.9% Stake In Bloomin' Brands
Portfolio Pulse from Benzinga Newsdesk
Starboard Value has reported a 9.9% stake in Bloomin' Brands, according to a 13D filing with the SEC.
August 18, 2023 | 1:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Starboard Value has acquired a significant 9.9% stake in Bloomin' Brands.
The acquisition of a significant stake by Starboard Value could potentially influence the strategic direction of Bloomin' Brands. This could lead to positive changes in the company's operations and potentially increase its stock value in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100